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Sukanya Samriddhi interest rate

The Sukanya Samriddhi interest rate is 8.2% for October to December 2026. What it earns on your money, when the rate is next revised, and the full rate history.

October to December 2026Best for: Your daughter's education and marriageChecked 21 October 2026
Current rate8.2%a year · compounded yearly, tax-free
In effect since1 January 2024Previous 8.0% · +0.2%
₹1.5 lakh a year, opened at age 5₹71,82,119at maturity, 21 years after opening, at 8.2%

Rate history

Every change since 1 April 2020. Ministry of Finance, every quarter.

In effect fromRateChange
1 January 2024Current8.2%+0.2%
1 April 20238.0%+0.4%
1 April 20207.6%–
The rates for January to March 2027 are due to be announced by 31 December 2026.

Key facts

Who can open
A parent or guardian, for a girl under 10
Deposit
₹250 to ₹1,50,000 a year, for 15 years
Matures
21 years after opening
Withdrawals
Up to 50% from age 18, for education or marriage
Tax
Interest and maturity tax-free; deposits deductible in the old regime

Run your numbers

Other rates

All interest rates →

About the Sukanya Samriddhi rate

How the rate is set

The Ministry of Finance reviews small savings rates every quarter, broadly in line with government bond yields of similar maturity, and announces them just before each quarter begins.

Rate: 8.2% a year, compounded yearly, tax-free.

Open the Sukanya Samriddhi calculatorSSY maturity for your daughter. Uses the current rate by default.Open the calculator

Frequently asked questions

What is the current Sukanya Samriddhi interest rate?

8.2% (October to December 2026). It has applied since 1 January 2024.

When will the Sukanya Samriddhi rate change next?

The rates for January to March 2027 are due to be announced by 31 December 2026.

What was the previous Sukanya Samriddhi rate?

8.0%, from 1 April 2023 until 1 January 2024.

Does a rate change apply to my existing Sukanya Samriddhi?

Yes. The new rate applies to your whole balance from the date it takes effect.

Sources